Italy January preliminary CPI m/m +0.2% vs +0.3% expected

Latest data released by Istat - 2 February 2018

• Prior m/m +0.4%
• CPI y/y +0.8% vs +0.8% expected
• Prior y/y +0.9%

• HICP m/m -1.6% vs -1.8% expected
• HICP y/y +1.1% vs +0.9% expected

In line with expectations mostly, harmonised inflation figures y/y is something positive to take note. But we've already had the Eurozone preliminary figures for January earlier in the week so this isn't really one to have any impact really.